Christina Lake Cannabis (TSE:CLC) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Christina Lake Cannabis has successfully closed the second and final tranche of its non-brokered private placement, raising a total of $1,238,475. The funds will be used for general working capital and to settle existing debts, marking a significant financial maneuver for the company. Notably, company insiders participated in the offering, which is subject to regulatory approval and a holding period under Canadian securities laws.
For further insights into TSE:CLC stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue